18, MILLCROFT WAY, HANDSACRE, RUGELEY, WS15 4TE - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 MILLCROFT WAY is a very small extended detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £328,268. It was last sold for £300,000 in May 2024, which was around 36% below the average May 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

18 MILLCROFT WAY Sold Prices

Land registry data shows five sales for 18 MILLCROFT WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the five 18 MILLCROFT WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 21 MAY	£300,000	£470,648	36% below HPI
2019 27 SEP	£189,000	£378,175	50% below HPI
2015 4 SEP	£170,000	£335,892	49% below HPI
2005 6 MAY	£157,000	£267,090	41% below HPI
1999 3 AUG	£78,000	£126,846	39% below HPI

18 MILLCROFT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The five 18 MILLCROFT WAY sales between August 1999 and May 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2019 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2024 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 18 MILLCROFT WAY be worth now?

18 MILLCROFT WAY might now be worth an estimated £328,268.

This is based on house price inflation of 9.4%, between May 2024 and December 2024, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.4% inflationary increase is applied to the most recent sale price for 18 MILLCROFT WAY of £300,000 on 21st May 2024. For the value to have increased from £300,000 to £328,268 over the five months to December 2024, the following assumptions must hold true:

• The value of 18 MILLCROFT WAY has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The May 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MILLCROFT WAY has not materially changed since May 2024.

How Large is 18 MILLCROFT WAY?

18 MILLCROFT WAY is 76m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses houses in Armitage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Armitage, and where 18 MILLCROFT WAY lies on this distribution: 14% of detached houses houses are smaller than 18 MILLCROFT WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Armitage.

18 MILLCROFT WAY: Plot and Title Map

18 MILLCROFT WAY sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 18 MILLCROFT WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 18 MILLCROFT WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 18 MILLCROFT WAY?

18 MILLCROFT WAY is located in HANDSACRE, in the WS15 postcode district. The below map shows the position of No. 18 on MILLCROFT WAY.